Commonwealth of Pennsylvania Public School Empls Retrmt SYS Increases Position in Performance Food Group Company $PFGC

Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its position in Performance Food Group Company (NYSE:PFGC) by 7.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 40,105 shares of the food distribution company’s stock after purchasing an additional 2,763 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Performance Food Group were worth $3,508,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Parkside Financial Bank & Trust increased its holdings in Performance Food Group by 51.3% in the second quarter. Parkside Financial Bank & Trust now owns 363 shares of the food distribution company’s stock valued at $32,000 after buying an additional 123 shares during the last quarter. AlphaQuest LLC lifted its holdings in Performance Food Group by 658.0% during the 2nd quarter. AlphaQuest LLC now owns 379 shares of the food distribution company’s stock worth $33,000 after buying an additional 329 shares during the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in shares of Performance Food Group during the 1st quarter worth about $44,000. Golden State Wealth Management LLC increased its holdings in shares of Performance Food Group by 148.6% in the 2nd quarter. Golden State Wealth Management LLC now owns 522 shares of the food distribution company’s stock valued at $46,000 after acquiring an additional 312 shares during the last quarter. Finally, SVB Wealth LLC purchased a new position in shares of Performance Food Group in the 1st quarter valued at about $59,000. Institutional investors and hedge funds own 96.87% of the company’s stock.

Insider Buying and Selling

In related news, insider Donald S. Bulmer sold 1,352 shares of the business’s stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $101.66, for a total value of $137,444.32. Following the transaction, the insider owned 55,102 shares in the company, valued at $5,601,669.32. The trade was a 2.39% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Hugh Patrick Hatcher sold 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $105.07, for a total value of $525,350.00. Following the sale, the insider directly owned 47,655 shares of the company’s stock, valued at approximately $5,007,110.85. This represents a 9.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 22,011 shares of company stock worth $2,290,120. Corporate insiders own 4.50% of the company’s stock.

Performance Food Group Stock Performance

Shares of Performance Food Group stock opened at $93.96 on Thursday. The firm’s fifty day simple moving average is $100.75 and its 200-day simple moving average is $95.89. Performance Food Group Company has a 12 month low of $68.39 and a 12 month high of $109.05. The stock has a market capitalization of $14.73 billion, a price-to-earnings ratio of 43.30, a PEG ratio of 1.11 and a beta of 1.08. The company has a debt-to-equity ratio of 1.51, a current ratio of 1.58 and a quick ratio of 0.72.

Performance Food Group (NYSE:PFGC) last issued its quarterly earnings data on Wednesday, November 5th. The food distribution company reported $1.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.16 by $0.02. The company had revenue of $17.08 billion for the quarter, compared to the consensus estimate of $16.87 billion. Performance Food Group had a net margin of 0.54% and a return on equity of 16.23%. Performance Food Group’s revenue for the quarter was up 10.8% on a year-over-year basis. During the same period last year, the firm posted $1.16 EPS. Performance Food Group has set its FY 2026 guidance at EPS. Q2 2026 guidance at EPS. As a group, equities analysts forecast that Performance Food Group Company will post 4.58 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. UBS Group upped their price target on Performance Food Group from $110.00 to $120.00 and gave the company a “buy” rating in a report on Thursday, August 14th. Piper Sandler upped their target price on shares of Performance Food Group from $114.00 to $116.00 and gave the company an “overweight” rating in a report on Monday, November 10th. Guggenheim reaffirmed a “buy” rating and issued a $115.00 target price on shares of Performance Food Group in a research report on Tuesday, August 26th. Wall Street Zen cut shares of Performance Food Group from a “buy” rating to a “hold” rating in a research report on Saturday, October 4th. Finally, Wells Fargo & Company raised their price objective on Performance Food Group from $100.00 to $115.00 and gave the stock an “overweight” rating in a report on Wednesday, August 13th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $114.60.

Performance Food Group Company Profile

Performance Food Group Company, through its subsidiaries, markets and distributes food and food-related products in the United States. It operates through three segments: Foodservice, Vistar, and Convenience. The company offers a range of frozen foods, groceries, candy, snacks, beverages, cigarettes, and other tobacco products; beef, pork, poultry, and seafood; and health and beauty care products.